Economy, asked by thakur33393, 6 months ago

the difference between interest payments and recovery of loans?

Answers

Answered by JUNGKOOKIE02

5

Answer:

I would describe loan interest to be the bank's return on the money it has lent to a borrower. Interest is the amount the bank has earned and charges for the use of the money it has lent. I would describe a bank loan repayment to be the return of the money that the bank has lent.

Answered by muskansingh370719

2

Explanation:

I would describe loan interest to be the bank's return on the money it has lent to a borrower. Interest is the amount the bank has earned and charges for the use of the money it has lent. I would describe a bank loan repayment to be the return of the money that the bank has lent.

I hope that will be help you

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